Laminates are available either for decorative purpose or for industrial use. Standard laminates are used in normal applications. Whereas, post formable laminates are used in kitchens and offices where a neater look is required, and in places like hospitals and restaurants anti-bacterial laminates are used, where hygiene is extremely important. Moreover, the increased durability, cost efficiency and fewer requirements of skilled labors for installation are some of the factors which are driving the market for decorative laminates. Growth in rebounding construction activity, increased interest in home improvements, and pent-up demand for non-residential upgrades will provide opportunities for Decorative Laminates Market.
The report has analyzed the market based on the three segments: material, product, and application in the regions of North America, Europe, APAC and rest of the world. On the basis of product it includes high pressure laminates, low pressure laminates, edgebanding. High-pressure laminates are high-priced and more durable and expected to increase the growth of the Decorative Laminates Market. On the basis of material it is segmented as plastic, paper and vinyl. Additionally on the basis of application it is segmented as residential construction and non-residential construction.
Furniture is referred as largest and fastest growing market due to changing preferences towards furniture and aesthetic values. The scope of the market has widened over many years owing to the flourishing markets of Asia pacific.
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Asia pacific will be the largest market
Asia pacific is dominating the market for Decorative Laminates Market. Increase in purchasing power coupled with growth in residential and non-residential construction are some of the factors which will boost the market demand. Emerging economies such as China and India acts as the most promising market as well as manufacturing capacity for laminated boards continues to expand and acts as a major factor for the growth of the market. Rapid industrialization and increasing trend for customized and attractive interior in homes and offices is anticipated to fuel the Decorative Laminates Market.
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Ø Kingboard Laminates Holdings Limited
Ø ronotex GmbH & Co.
Ø Kronospan Holdings Limited
Ø Advanced Technology Inc.
Ø Armstrong World Industries Inc.
Ø Roseburg Forest Products Company
Ø Woodcraft Industries Incorporated
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global decorative laminates, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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Study Objectives of Decorative Laminates Market